IMF to help EU officials monitor Spanish banking bailout

The International Monetary Fund is to help European officials monitor Spain's multi-billion euro banking bailout.

Mon, 11 Jun, 2012 - 18:34

The International Monetary Fund is to help European officials monitor Spain's multi-billion euro banking bailout.

The EU Competition Commissioner Joaquin Almunia said experts from the IMF would join officials from the ECB and the EU in overseeing the application of the loan.

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